Residential Property
SPH revamps UK student accommodation portfolio for $18.9m
SPH revamps UK student accommodation portfolio for $18.9m
112 non en-suite rooms will be converted to private rooms.
PropNex's salesperson count jumped 12.5% in 2019
Its headcount grew in line with profits, which jumped over three-fold in Q4 2019.
Condo rents up 3.3% in February
Volumes also rose as some contracts were inked before the COVID-19 outbreak.
URA awards tender for Canberra Drive site to UOL unit's JV
The 99-year leasehold site has an area of 296,719 sqft.
Condo resale volume stumbled 13.1% in February
Prices also fell 0.8%.
Chart of the Day: PRs, foreigners bought a total of 970 private residential units in Q4 2019
Top selling project was Parc Esta as it sold 37 units.
Chart of the Day: 60% of condo projects show low take-up rates in its first month
New projects’ benchmark prices and hefty stamp duty continue to be the main drag.
Private home sales plunged 38.6% in Q4 2019
Developers held back launches during the festival season.
Keppel Land China to co-develop Taicang residential site for $469m
The site is expected to yield more than 1,000 residential units.
Keppel Land acquires 49% stake in Taicang residential site for $97m
Taicang Xuchang Property will become an associated company of Keppel Corporation.
Half of Singaporeans unfamiliar with home loan paperwork
Two in five did not know that they can refinance their home loans.
HDB scraps ROF exercises for unsold flats
Unselected flats from SBF exercises will be offered straight for open booking.
HDB resale prices up 1% in February
Five-room inched up by 1.2% and executive rooms rose by 0.9% YoY.
URA closes tenders for sites at Canberra Drive and Fernvale Lane
A Canberra Drive site got the highest bid of $644 psf ppr from Oasis Development.
Chart of the Day: New home sales to fall between 7,000-8,000 in 2020
Prices are expected to stabilise with a 0%-1% growth.
Yanlord's profit down 5% to $664.88m in 2019
Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost.
New completions to ramp up residential vacancy rates in Q1
This could cause prices of nearby older homes to stagnate.
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